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NBI Industrial Finance Company Ltd Q1FY24; 3630% rise in Profits

NBI Industrial Finance Co. Ltd. is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India. The Company is engaged mainly in investment in shares in securities & financial activity. The Company has long-term orientation in its investments and mainly invests in listed equities.

Financial Results:

NBI Industrial Finance Company Ltd reported Revenues for Q1FY24 of ₹5.48 Crores up from ₹0.58 Crore year on year, a rise of 844.83%.

Total Expenses for Q1FY24 of ₹0.49 Crores up from ₹0.40 Crores year on year, a rise of 22.5%.

Consolidated Net Profit of ₹3.73 Crores up 3630.0% from ₹0.10 Crores in the same quarter of the previous year.

The Earnings per Share is ₹15.18, up 3,602.44% from ₹0.41 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: NBFC
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